HomeMy WebLinkAbout2618 _ _ _ _ ~ ~ t~ ~ ~ R
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a. To pl~a and contkwousy kwp on tM bvildkq~ eaw a haMha ~itu+t~ on aW land and oe ~ll puipmtnt ~nd pKia+aliy cownd b1? Mds ~aq~
p~,, with ~II praniunq ~herwn p+~d in full, fke inurr+nc~ in tM v~wl sandard policy form. in •~um ~pprowd by tM MORTWIGEE. ~nd windttan+
kaw~na in tM uswl sand~.d policy ~L t~ a wm approwd by ~M MORTGAGEE, in wch comP+^Y o? oompani~a +s th~ MORTW?GEE m+~?
dir~ctt and all fin +nd wi~dstorm traw~no~ pdicies on +~Y of s~id b+lld~s, any Mtirat thadn or p~.f tMrwf. in tM app~ep~f~ wm afa~W a
in ~a~n tMnof, sh+ll cont~in tfk wwl usndard nan~ay~ cbus~ a wd+ ai~ cl~we a tM Morp+p~e may nqu'uR, makinp th~ lo~t undK said polh
eiu. ~ath and ~vKy. WYSble ~o sald MORTGAl3fE ~s its {n1aa1 nwy appw. and ~ath and ~v~ry suth policY st?+11 b~ P~a^P~hl ass:9n~d M~d ddiv~nd to
~ny MId by wid MORTGAGEE u furthK ~stwity to ~+id ma~y+y~ d~bt, and, not I~u th~n Nn (10) day~ in advanu of tM ~xpiratan of tsch poticy. to dr
liwr ro s.id MORTGAGEE s noewal therwf, top~tM? with ~ ncNpt for tM pnmiwn of wch ?~way a~d then sMll be oo fK~ or wi+~ds~orm inswana
pt+ad on any of said b„i1d'uipa. ~Mr inferat ti~~in or put tianof. unleu in th~ form ~nd with tM loa payable a afw~wid~ and in tM ~wM any swn
of momy b~coma p+yable w+~M~ wch po11q a polici~s ak! MORTGAC~t~ shall Mw tM option ro~.o.tre .nd .~ti ~he sam. a, .coow~r of iM jnd.b~.d~
rkss wcvnd hK~b~r a_w pamif said MORTGAGORS b roaiw and u~ N or aoy part therwf fw other pu.posa, without thereb~ waivi~~ a imp+ir-
~g +~Y ~4~rih. li~n a ipht wKJN or by vlr~w of th4 ewrtpper and in tM ~vMi aid MORTCsAGORS shsll for +~ny nawn fsil to k~ep ths s~id pr~ a
Miwnd. or fall b d~liwr P?omPfh +~Y of sald pol~a.s of iraw~na w s+~d MORT(3AGEE. o. fail p?ompth? b WY ~~N +~+Y P~nium tF~erefor w In any
?~~p~et fail b p~rform, dischar~. uucvt~, ~ff~d. comPbt~. ao~'~Pb w~:ti snd abFde by tlaa cov~++ant, a uiy pah Mnof. said MORTG/1CsEE m~y pl+ae ~nd
WY fa wd~ 6nwar~u o~ any psrt tMreof witho~t waivinp or aff~ctinp anl? eP~ion. IiM. equlh?. o~ ripht under w by virtw of thh Mo~tpsp~. u~d /M
fvll anowa oi each and ~wry wch p~yn+ai~ s1+a11 bt imnediately dw ~nd p~y~bb ~nd shsll b~ar intKes~ kan th~ dat~ theroof un1H paid a~ tlw ~ab*d
nin~ pK antwn pM antwm aod to9etht~ with wtl+ ir?taast shaQ be sacured by tM lien of this mort~~p~.
4, To pKmi4 aornmit or wffer no wut~. impairme~t a d~teriwation of said prop~rt~? or +ny part thaeof.
S. To piy alI and siegula? th~ oosts, dwqes ~nd expMSes, indvd~np a nasoe+sble attomey's fee and oosts of ~bslrscts of titlt, incwrad w p+id at
sny time by ss~d MORiGAGEQ beca~e o~ in th~ tvem of th~ failuro on tM put of tM said MORTGAGOR w cl~+hl. P+a^Pthl ~~?I~Y P~O~"4 d'~
exacutt. ~ffsct. oa^P~et~. ao^~p1Y with and ~bid~ by tad~ and every t!n stip~latiora„ a~nemee+ts. conditions. ~nd oownants of s~id promitsory ~oh and thb
mort~ap~ any a a1ha. arid uid costs. chuqes and ~xpensea, sach a~d ~very, sA~lt be imnediately dw and p~ysbks whetha or not thar~ be notiu d~
rrwe~d, attempt ro edkct o~ wH pendirg`~.and tM ivll snwvnt of 6ach ~nd ewrY uxh paYme^t shsll bea? inten:t fran f~ dat~ the~eof vnN1 p~id N tM
rete of nirM psr untwn per arnwm; and dl said oosls, ch~?~es +nd exp~^se~ inwr~~d ar paid, loptthe? with such intaesL sh~ll b~ s~tvred by, t!K li~n of tF~
mwpp~. .
b~ TMt (a in tFie tvMt of ~ny bnach of thb Mortqapt w defa~lt an the p+rt of the NIORTGAGOR. w(b) in the event aoy of said svmf of momy
herein rofen~d to ba not promptly and fully p~id within tFi~?ty t30) days next aftx tMe same :everaur beco~.e d~» .~d ~r~w,. without danand or eotio~.
w W in the twm eath and every tht st~pulatiaw +0~~~^~s. tonditiont ~d cov~nann of sa~d promi»wy nor• and tlr's mor~e any a ei~l+e. •n oa
~+~Y. P~~Ptly and iullr performed. discMaryed, sxscvNd. ~ffacted, com~.~+rod. canplied with and ~bided by, then k~ ~ithK ot any wch ~w~t th~ ssid ~
yreg~t~ sum mentiaad ie said promiuory ~?ote than ramsiron~ vnpaid. with ioterost accrued, and all moneys secvred hereby. sMll becom~ dw and paY~
able fathwith, w tl+ereafta, at th~ optan of ~sid MORTGAGEE, ~s fui'ry ud canpktely ~s H all of ths said sums of mw+ey werc wipinally s~~pvlated
ro be paid an wch daY, anything i~+ said promiuwy note w in ttus Mori~sp~ to the coe?trary notwitMta~diny; and Ihereupon or thereaftK st tht option of
uid MOR?GAGEE, without notice or dems~+d, suit at law or in pwty, thenfore w thereafler ba9un, maY be prosecuted as if ~II maK~rs sscw~d hueby
Asd matured prior to iq i+qfitution. . -
7. ThN in ths event that at tl~e beginning of or at sny tirM pending any wit u{ion thk Al~apaye. ot to foraclos~ N, w to nfo~n H, or M enfwu
payment of aryt claims hereunder, s+id MORTGAGEE shall apply to the Caut hsving jurisdiction thereof for the appoiatment of s Receive?. such Caxt sMll
fo~thwith ~p~oint a reoe~ver of said mwf9syed property a8 and sinpular, incl~du+g all snd sinyulK the incorr~e. profits, iswes and nvenues fran whatevN
wurce derired, each and every of w1iKh, it beinp sxpreuly undsrs~ooc! a hereby mortga9~d ss if specifically set forth and dewibed in the 9rantinp and
haberKlum dsvses hereof, sad such Receiva shall h~ve sll tlw b?oad and effectiw funct~ons and powers in anywise emrusted by a Court to • Receiva. uid
~uch appointment shall be made by such Court u an admitted eqvity and a m~tter of sbsolute ripht ro said AhORTGAGEE, and without refetence b th~
edequ~cy a in~deq~xy of the wlue of the p?operty mortp~gsd or to the w1+re~c7r or i~solvency of ssid MORTGAGOR a the defe~elants, ~nd Ihaf such
rents, profits, incwne, issues snd revenves shall b~ applied by such Reo4ivK scoordinp to th~. lien or eqvity of said MORTGAGEE and the practice of wch
Court. ' - - -
a. To duFy, promptly and fully perform, dixharge, execute, effect, complete, aoinply with and ~bids by ~ad~ and wery th~ stipulations s~reemsnts,
corwlitioe+s and covenann i~ said promissory note and tF?is mortgsge set 4wth. '
9. That in the eveM the ownership of ths moregayed premises, or any part thereof, becomes vested in a person othsr tMn tM MORTGAGOR, th~
MORTGA(;EE, its wccessors +nd essigos. m+y. withovt ratice to the NWRTGAOR, deal with svch succeuw o~ waessor i~ imerpt with refersncs b this
morty~ye and the debt herebY. setv?ed in the same mamer ss with Mwtgsga withow in any way vitiating or discharg'u+~ the Mortyayors' Wbility Mn-
vnder or vpon the debt he~eby sec~red. No ssle of ths premises hereby morlgaged +~d no foriiearance on the pan of the MORTGAGEE w its woorsson
w auigm and no extension of the time for the p+yment of the debt hereby secured g~ven by the MORTGAGEf w ia succeswn or assipm, ahall opu+t~
to rel~ase, disch+r~, modify charge a affM tM original liability of the MORTGAGOR here'~n, eitlwr in wfw4 or G+ p~rt.
10. It is specifically agreed that time a of the euence of this contract and that no waiver of any obligation herauoder or of th~ obliyation se~
cund hereby shall at any time thereafter be, heW to be a weiver of the terms hereof w of the irntrvment secured herby.
' 11, In additioe~ to the forego:ng mo~thFy psyments of prirx:pal and interest required by the promissory ~ote sec~red hereby, mortgagor oowe+Ms
snd agraes to pay to mo~tgsgee with ~sch moniMy paymeM en sddirio~al swn estien~led by morf~ages to bs equsl fo 1/12 of the annwl cost of the follow-
;,g, . . - • ~ • ~ . '
A-NI real property taxes leviad or asaqas~d against the above desuibed ; ~esl estate.
B-Premiums ot~ fire and windstxm iruwsnce as hereio requ:red fo be carried qn the improvemcnts sitvafe on the above destribed premises.
C-Prcmiums on such mortgage gwranty insurance as mortgsgee shall from fime to time deem fit to carry on the losn secured hereby.
j 1Nortgagee shall fiom time ro time ratify mortgagor in writing of the amoum due and psyaWe F~e?evrwler and such wm shall thereupon be due and
payabk on the due date of the next monthly payment and each successive mo~th thereafier until mortgagee shall ootify mortgagw of a change in wd~
~ anwunt. Such sums shall bs applied by mortgagee toward the payment of real property taxes, insurance prem:~?ms, snd morfgage guaraMy iruuwnce
If premfums. '
! N W17NESS WHEREOF, tFx ssid MORTGAGOR h~s hereunto set his h+nd snd seal the day ~nd year f t aforessid.
Sealed and deliver in th~ p?esence of:.
. 4
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. re~.n
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STATE OF fLORIDA ~ . .
st. l.~ie ~
courmr oF _
~ ~~tti R. D. CassQns
No~can R. Cassoas his wif~, ro ~~u k.~o~ .~,a k~ w m. +o b.
eM ind'wfdwls ds~crib~d In and w!w ~x~a+t~d the fw~poinp irotrunMnt, a~d ack~owkdped before m~ that they ~x~cut~d ths ssm~ fw tM purpoys
thN~in ~aprawd. Md t!w said_~~l'~ R.• C~s:t"s
,~vif• o~ M. ..id lC. D. Ciss~ns upon •..p...» .ea pr+vN.
~:arnin~twn b~r rn~ tsken ssparat~ and ap+it bom Mr said 1Nnband. aNvawl~ed w~nd befon rn~ that sM sxecvtd said iroa~nnent,frwix.and voh+rr
~~riFy and witho~A any wmpubia+, wmt:~im, ~ppr~or fex of ar from her s+id lwsbaod. ;
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This Instrurrwnt Preparad By ~ ~
Firit Federal Ssvinqs d~ Loan A~sotiation
- • rt Pierce aOG~R P01?RAS
aK ctacu~T couRt
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